Nigel Iyer
Co-Founder myB4.ai and Global Fraud / Financial Damage Detective
BI
B4 Investigate
B4 provides myB4.ai, a financial risk scanner designed for early detection of fraud and financial damage. This platform analyzes financial data quickly using a non-invasive approach informed by extensive experience in forensic accounting and compliance. The service empowers organizations to proactively defend against financial loss by identifying risks before they escalate.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 6 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Organizations face significant financial and reputational damage from undetected fraud and financial misconduct within supplier, customer, and miscellaneous transactions. This can lead to substantial losses, erosion of trust, and operational inefficiencies.
Solution
B4 Investigate provides a cloud-based financial scanning service that leverages AI-driven algorithms to analyze financial data and identify potential fraud and financial risks. The platform ingests lean financial data, performing a "follow the money" analysis to uncover overcharging, false sales, and the infiltration of unsavory counterparties. By providing actionable insights and resolution guidance, B4 Investigate helps organizations mitigate current and future losses, protect their reputation, and improve their financial integrity. The service is designed for non-invasive, instant setup, requiring only the import of CSV files for analysis.
Target Audience
The primary target audience includes organizations across various sectors seeking to proactively identify and mitigate financial fraud and risks within their transactional data.
Features
- AI-powered financial scanner utilizing proprietary PreCrime algorithms for risk identification.
- Analysis of supplier, customer, and miscellaneous financial transactions to detect anomalies.
- Identification of overcharging, false sales, and infiltration of undesirable counterparties.
- Non-invasive cloud service that does not interfere with daily financial operations.
- Minimal false positives with a focus on actionable insights and resolution guidance.
- Instant setup capability through CSV file import, requiring no complex integration.
- World-class data security protocols to ensure the protection of sensitive financial information.
- Interactive Interpreter (i3) for examining identified risks and opportunities.